Orographic Financial Advisors LLC purchased a new stake in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) in the first quarter, Holdings Channel reports. The firm purchased 37,997 shares of the apparel and home fashions retailer’s stock, valued at approximately $6,068,000. TJX Companies comprises about 4.3% of Orographic Financial Advisors LLC’s portfolio, making the stock its 3rd largest position.
A number of other hedge funds have also bought and sold shares of TJX. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna boosted its holdings in shares of TJX Companies by 120.3% in the 4th quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna now owns 163 shares of the apparel and home fashions retailer’s stock worth $25,000 after buying an additional 89 shares during the last quarter. Entrust Financial LLC purchased a new stake in TJX Companies during the fourth quarter worth about $26,000. Wilkerson Advisory Group LLC bought a new stake in TJX Companies in the fourth quarter worth about $26,000. Imprint Wealth LLC bought a new stake in TJX Companies in the third quarter worth about $27,000. Finally, Joseph Group Capital Management purchased a new position in TJX Companies in the fourth quarter valued at about $27,000. 91.09% of the stock is currently owned by institutional investors.
Key Headlines Impacting TJX Companies
Here are the key news stories impacting TJX Companies this week:
- Positive Sentiment: TJX continues to receive favorable attention from Wall Street, with analyst recommendations generally supportive. However, the article notes that average brokerage ratings can be overly optimistic and should not be used alone as a buy signal. Should You Invest in TJX Based on Bullish Wall Street Views?
- Positive Sentiment: Zacks identifies TJX as a strong growth stock based on its style scores, supporting the company’s long-term growth profile and investor appeal. Why TJX Is a Strong Growth Stock
- Positive Sentiment: Historical performance coverage highlights the substantial long-term wealth creation TJX has delivered, reinforcing its reputation as a durable discount-retail compounder. TJX Ten-Year Investment Performance
- Neutral Sentiment: A comparison with Target focuses on which retailer offers better value, but does not identify a new earnings, guidance, or operating catalyst for TJX. TGT or TJX: Better Value Stock
- Neutral Sentiment: Prior results remain a fundamental support: TJX reported strong comparable-store sales, a 12.3% pretax margin, and diluted EPS of $1.14, all above plan. TJX Quarterly Results
- Negative Sentiment: The immediate pressure appears to reflect profit-taking or relative underperformance after TJX’s strong run, rather than a reported deterioration in fundamentals. Recent coverage provides no fresh negative guidance or earnings surprise.
TJX Companies Stock Performance
TJX Companies (NYSE:TJX – Get Free Report) last released its quarterly earnings data on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.17. TJX Companies had a net margin of 9.40% and a return on equity of 57.92%. The business had revenue of $14.32 billion during the quarter, compared to analyst estimates of $14.02 billion. During the same period in the previous year, the business earned $0.92 EPS. TJX Companies’s revenue was up 9.2% compared to the same quarter last year. TJX Companies has set its FY 2027 guidance at 5.080-5.150 EPS and its Q2 2027 guidance at 1.150-1.170 EPS. On average, sell-side analysts anticipate that The TJX Companies, Inc. will post 5.17 earnings per share for the current year.
TJX Companies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be given a $0.48 dividend. The ex-dividend date is Thursday, August 13th. This represents a $1.92 annualized dividend and a dividend yield of 1.2%. TJX Companies’s payout ratio is 37.28%.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on TJX shares. Weiss Ratings downgraded shares of TJX Companies from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, July 21st. Evercore reiterated an “outperform” rating and issued a $175.00 price objective on shares of TJX Companies in a research note on Thursday, May 21st. Truist Financial set a $190.00 price objective on TJX Companies and gave the company a “buy” rating in a report on Thursday, May 21st. UBS Group reissued a “buy” rating on shares of TJX Companies in a research report on Tuesday, June 9th. Finally, Barclays restated an “overweight” rating and issued a $190.00 target price (up from $183.00) on shares of TJX Companies in a research note on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $176.89.
Read Our Latest Stock Report on TJX
Insider Buying and Selling
In other TJX Companies news, CEO Ernie Herrman sold 10,002 shares of TJX Companies stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $160.68, for a total transaction of $1,607,121.36. Following the completion of the transaction, the chief executive officer owned 514,848 shares of the company’s stock, valued at $82,725,776.64. The trade was a 1.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman Carol Meyrowitz sold 55,624 shares of the stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $163.65, for a total transaction of $9,102,867.60. Following the completion of the sale, the chairman directly owned 201,496 shares in the company, valued at approximately $32,974,820.40. The trade was a 21.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 130,367 shares of company stock valued at $20,959,476. 0.15% of the stock is owned by company insiders.
TJX Companies Company Profile
TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.
The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.
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